earnings
confidence high
sentiment positive
materiality 0.70
Clipper Realty Q2 2022: Revenue $31.9M (+4% YoY), net loss $3.0M ($0.08/sh), AFFO $5.1M
Clipper Realty Inc.
- Revenue $31.9M (+4% YoY), income from operations $7.1M, NOI $17.2M.
- Net loss $3.0M ($0.08/sh) vs $3.2M loss ($0.09/sh) in Q2 2021.
- AFFO $5.1M; declared dividend $0.095/sh.
- Properties 98% leased, rent collection 97.3%, cash $44M ($29.5M unrestricted).